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TOPIC: Analysis: Apple over Microsoft by a technical knock-out

barney

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Status: Offline

Posts: 2499

Date: Apr 23, 2010

Analysis: Apple over Microsoft by a technical knock-out	Permalink

Winning by a technical knock-out (TKO) over Microsoft, Apple this week became, according to Standard & Poors, the second most valuable NASDAQ firm by market cap after Exxon-Mobil. What a difference 13 years makes! Apple is on a roll and while Microsoft is far from down and out it is clear that the competitive momentum lies these days with Cupertino more than Redmond. When Steve Jobs assumed the CEO position at Apple on July 9, 1997 Apple shares cost $3.42 and the company had a market cap of around $3 billion. This week Apple shares hit $266 with a market cap of $241 billion — 80 times larger than it was 13 years ago. Microsoft shares, in contrast, went from $17.67 to $31 in the same time frame — not even a doubling despite more than $80 billion in share buy-backs by the company. Apple over Microsoft -- Edited by barney on Friday 23rd of April 2010 07:20:44 PM __________________ http://www.mycomputerplayground.com http://www.digitaldrama.net http://www.thisrules.net

Vindicated

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Posts: 2410

Date: Apr 23, 2010

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Yikes!! $1000 in Apple stock in July 1997 would be worth $77,778 today!!! How'd I miss that?? __________________ Vindicated

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